POST OFFICE SAVINGS' BANK

Westport Times, Volume VI, Issue 929, 20 February 1872, Page 4

POST OFFICE SAVINGS' BANK

The A'ew Zealand Gazelle, of March 25thfe publishes the following re<nilations foi rh! banks as above newly established at Chiffi church, Lyttelton,Kaiapoi, Timaru. Akmn, ilokitika. Grey mouth, Waimate, Westport and Charleston. 1. Interest ;it the rate of 4 per cent, o annum is given on £2W and under ; at tin rate of 3 per cent, per annum on turn under .£SOO ; and in the same proportion fo> any shorter time on every complete £ I 4 posited, provided tiiat no Intere-t ba albwti on more than .£SOO. 3 g . 2. Depositor? in the Post Office Sarinp! Banks have dLvct Government Security fi the prompt repayment of their money. 3. A depositor in any one of tile Post OfJs Banks can continue his deposits at anr otho of such Banks, andean withdraw his 'rnoiw at that Post Office Bank which is moat cui venient to him by giving notice of his it in oval. 4. The strictest secresy is observed wi;j respect to the names of depositors in P(* Office Banks, and the amounts of their do posits. 6. Money may be deposited by or on jx. half of minors. Depositors over seven yean of ago are treated as persons Of full age, b a minors under seven years of age cannot wift draw their deposits until they have reacbd the age of seven. 7. Applicutions to the Chief Office in eyl District on Om business of Post Office San ings Banks, ind the replies sent, thereto m i iree fron c.iarge or postage. . ' ' . *